Yednock Ted 4

What Happened Ted Yednock, Annexon’s EVP & Chief Innovation Officer, sold 7,857 shares of ANNX in open-market transactions on 2026-02-18. The weighted average sale price was $5.11 per share, generating proceeds of approximately $40,149. The filing notes the sale was to cover tax withholding on vested restricted stock units (RSUs), a routine post-vesting action rather than a market-timing purchase.

Key Details

• Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (appears timely).
• Reported weighted average price: $5.11/share; reported total proceeds ≈ $40,149.
• Price range across multiple trades: $4.925 to $5.17; the filer can provide per-trade breakdown on request (footnote).
• Reason: shares sold to satisfy tax withholding obligations related to RSU vesting (footnote).
• Shares owned after transaction: not specified in the provided filing details.
• Transaction code: Sale (S); related to tax-withholding (F-type circumstance described in footnote).

Context Sales to cover tax withholding on vested RSUs are common and typically administrative in nature; they do not necessarily reflect the insider’s view on the company’s prospects. Purchases by insiders generally carry more weight for interpreting sentiment, while routine withholding sales are less informative.